Lucid (LCID) stock rockets to a five-month high

Lucid Motors (NASDAQ: LCID) has surged to a five-month high, trading at $3.495 on February 18, 2025, after gaining 8% on the day and an impressive 28% over the past week.This marks a significant recovery from its multi-month lows, with LCID reaching levels not seen since September 2024. The luxury electric vehicle (EV) maker has faced a turbulent journey since its 2021 IPO, struggling with missed production targets, financial losses, and ongoing investor concerns over stock dilution. Lucid six-month price c ...